Examinership News

Entire Workforce Saved As Supreme Deliveries Exits Examinership

Supreme Deliveries, the operator of the sole DPD depot in Galway, has successfully exited examinership, employing 14 more people than it did when it entered the process. Managing Partner Neil Hughes was appointed as the examiner to Supreme Deliveries in March, as the coronavirus crisis was rapidly evolving. At the time, the company employed 47 [...]

By |2020-06-16T17:56:26+01:00June 16th, 2020|Examinership News|

Business Recovery: Transparency is Key

We continue to highlight Managing Partner Neil Hughes’ ‘Seven Cs of Business Recovery.’ As businesses battle the impact of COVID-19, it’s important to adopt the appropriate measures; Now, for tomorrow. I recently discussed the importance of seeking counsel from a carefully selected group of advisors. Now, for the next step on your business’s road to recovery. Chapter [...]

By |2020-05-05T14:36:32+01:00April 29th, 2020|Current Developments, Examinership News|

Business Recovery: Now Is the Time To Seek Counsel

Business rescue has returned to the forefront in Ireland as a result of the economic impact of Covid-19 across the globe. Here, we highlight Managing Partner Neil Hughes’ ‘Seven Cs of Business Recovery.’ As businesses face extreme challenges, it’s important to adopt the appropriate measures; Now, for tomorrow. Following Ireland’s financial crash of 2008/09, I [...]

By |2020-05-05T14:35:17+01:00April 9th, 2020|Current Developments, Examinership News|

SPOTLIGHT ON EXAMINERSHIP: ‘Success Stories – Challenges Met and Overcome’

As businesses respond to COVID-19, it’s important to remember that with the right support and strategies in place, significant challenges can be overcome. In the final part of our 'Spotlight' series on examinership, Dessie Morrow, Corporate Advisory Director, writes about companies which have engaged in the examinership process due to testing times. We have been [...]

By |2020-08-10T13:03:53+01:00April 8th, 2020|Current Developments, Examinership News, Press|

Examinership saved almost 600 jobs last year across 19 different companies

Still an underutilised process, examinership saved almost 600 jobs last year. According to Neil Hughes, Managing Partner at Baker Tilly, the growing number of companies availing of the rescue mechanism is to be welcomed given the uncertainty surrounding Brexit. Full article appears in The Irish Times. Read more here

By |2020-02-19T13:43:48+00:00February 19th, 2020|Current Developments, Examinership News, Press|